All Forum Posts by: Tal Mashhadian

Have a dog groomer interested in leasing one of our commercial spaces.  Lease already has the tenant responsible for any plumbing repairs inside the unit and the landlord responsible for what's behind the walls.  But I'm concerned about the increased chances of clogged pipes.

Any suggestions for wording in the lease for having the tenant responsible for clogged plumbing due to the nature of the business?

Thanks all, no mortgage so no worries there. 

We've been pretty flexible with the tenant so I'm not feeling too guilty about anything.

Thanks, that helps. It's all NNN anyway, so any expenses get passed on- didn't take that into account earlier.

Hi All

So far our standard lease includes a 3.5% annual rent increase for our 4 unit retail commercial building. This has worked great, but with inflation going up is this a good idea for new lease? A tenant is asking for a 10 year lease and will be taking 75% of the building.  

We like the 10 year but worry that our standard increase will be too small. 

Thanks!

I've been using them for the past 8 months or so, and so far I'm extremely happy.  Their support is spot on and the overall UI works quite well.  I'm using it for a combination of multiplexes, commercial and single family- with a mix of self managed and using property managers.  I can even integrate my RealtyMogul investments (not directly, just a workaround) so I can get a full view of all my real estate income.

MI just started having my self managed tenants just started paying via Innago and seem to be happy with it.  Sure beats using Google Drive for keeping track.  

Hi all, first post.  My wife and I have found wonderful information on this site and we're hoping to get some insight.

We already have a handful of rental properties- one self managed and the others with property managers. So I'd say we are experienced, but nowhere near experts, as we both have full time jobs and have been lucky that things have run quite smoothly, without surprise learning opportunities.  As of now though, I'm stay at home dadding, so I'm my more free for management.

 We have an eye on house to self manage with 6 bedrooms- each rented individually (as opposed to a master lease with sub leases).  The upside is higher income and any vacancy is a very small about of money lost, but we're worried there are a number of downsides beyond the obvious.

Anyone with experience/ thoughts?

Thanks.